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in a few short weeks, the fiscal cliff is coming to town. merry cliff mas. with a dramatic name like fiscal cliff, it has to be exciting. jim? >> the president is asking for 1.6 trillion. >> $600 billion in tax hikes. >> dividends and capital gains. >> discretionary spending. >> i'm up. what happened? is it over? >> pro union protesters are swarming the michigan capitol building in lansing. >> you're disgusting. >> dude, you are from michigan, detroit. eight mile. you have to come up with better miles than busting and disgusting. if you want to win the rap battle, put effort into it. >> you have one job. one factory. when you seize every benefit you could, yo, my palms are sweaty and knees weak working in the factory building chevies. you plug it in and you win. ecologically because if it was an actual race you would not actually. you got to collect for the union or robots are going to take away our jobs or to the chinese kids with the tiny hands the work will go. this opportunity comes once in a lifetime yo. >> we are locking at heavy rain and we will see i
in a few short weeks, the fiscal cliff is coming to town. merry cliff mas. with a dramatic name like fiscal cliff, it has to be exciting. jim? >> the president is asking for 1.6 trillion. >> $600 billion in tax hikes. >> dividends and capital gains. >> discretionary spending. >> i'm up. what happened? is it over? >> pro union protesters are swarming the michigan capitol building in lansing. >> you're disgusting. >> dude, you are from michigan,...
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plus talks from fiscal cliff. we'll hear from nancy employee. >>> and more on the suspensions tossed out. we'll talk with the executive director of the nfl players' association. that and more coming up later on "cbs this morning." that is the news for this wednesday. 12/12/12 by the way, i should mention. appreciate you watching as always. terrell brown in new york city. thank you, everybody. have a great day. -- captions by vitac -- www.vitac.com -- captions by vitac -- www.vitac.com and i'm michelle griego. tis 4:-- the rain is back and with i. some massive tides! here's >>> good morning. it's wednesday, 12/12/12. i'm frank mallicoat. >> i'm michelle griego. time now is just about 4:30. the rain is back and high tides. >> got some showers out there and hi-def doppler is picking up on some of that. you can see some scattered light showers at this time. but more of that on the way, maybe some snow. we'll talk about that coming up. >> here's a live look at the nimitz as you past the oakland coliseum. coming up, we'
plus talks from fiscal cliff. we'll hear from nancy employee. >>> and more on the suspensions tossed out. we'll talk with the executive director of the nfl players' association. that and more coming up later on "cbs this morning." that is the news for this wednesday. 12/12/12 by the way, i should mention. appreciate you watching as always. terrell brown in new york city. thank you, everybody. have a great day. -- captions by vitac -- www.vitac.com -- captions by vitac --...
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Dec 12, 2012
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. >> but if the end of the world is coming, we could stop talking about the fiscal cliff. that might be a relief. >> that would be the big -- >> right. it would happen before the -- >> yeah. >> right. that's first. >> okay. >>> all right. thank you. i love our weather guys. >> they're chatty. can play ball. >> a bunch that we've been breaking in. >> you throw the ball, they throw it back. >> when you go to the local cutins, no one says anything. they've got to boom, boom. >>> opec leaders meeting in vienna today. steve sedgwick -- steve sedgwick with more. steve? >> reporter: hey, just head the prompt. it's me in vienna. it does feel like winter, minus three here. but i can tell you that opec should be happy. it is producing nearly 31 million barrels a day. it's got brent over $108 a barrel. brent will be over $110 a barrel on average for 2012. for the first time ever. olympic making a trillion dollars in -- opec is making a trill dollars trillion dollars in oil. they're worry good oversupply going into 2013. they are concerned that the call on their oil is going to be les
. >> but if the end of the world is coming, we could stop talking about the fiscal cliff. that might be a relief. >> that would be the big -- >> right. it would happen before the -- >> yeah. >> right. that's first. >> okay. >>> all right. thank you. i love our weather guys. >> they're chatty. can play ball. >> a bunch that we've been breaking in. >> you throw the ball, they throw it back. >> when you go to the local cutins, no...
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Dec 12, 2012
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. >> obviously i think all of us and all americans a resolution of this issue of the fiscal cliff so that people can live next year with a sense of predictability, with a sense that we can have a growing economy, and, frankly, peace in the world. >> and the place on this committee? >> i think it would be fun to do. >> i'll take that as a yes. >> senator lieberman. >> christmas and hanukkah. >> yes. >> what would i like from the president? that he pick the leadership he's been empowered with the election, bring the parties together beginning with speaker boehner and other leaders agree on a bipartisan package that will reduce debt, increase tax and cut increases on spending entitlements. that will do it and usher in a brilliant new period in america's economic history. >> sounds good. senator graham. >> three things, that the president would have -- >> this i thought we only had one. >> this is america you can have three the president will leave a force in afghanistan of 15 to 20 thousand to make sure the place doesn't fall back in to radical hands. that the people get behind syria an
. >> obviously i think all of us and all americans a resolution of this issue of the fiscal cliff so that people can live next year with a sense of predictability, with a sense that we can have a growing economy, and, frankly, peace in the world. >> and the place on this committee? >> i think it would be fun to do. >> i'll take that as a yes. >> senator lieberman. >> christmas and hanukkah. >> yes. >> what would i like from the president? that he...
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Dec 12, 2012
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senator susan collins of maine tells sawyer that when it comes to the current on-going fiscal cliff negotiations, it would be better if the women were running the show. >> i think if we were in charge of the senate and of the administration, that we would have a budget deal by now. >> go, girl power! now that we're coming up at the end of the year, we're getting a chance to take a look at what set records and who should have set the record straight. first of all twitter has revealed the most retweeted tweet of the year. and it is this photo. if we could -- there you go. from the obama campaign. it popped up election night with the caption four more years. within hours, it not only became the top retweet of the year but the top retweet ever. people in more than 200 countries around the world shared the photo of the president hugging the first lady. and politifact.com says that the romney campaign has the dishonor of having the lie of the year! that would be president obama sold chrysler to italy which would then move u.s. jeep production to china. chrysler denied the claim. the media said it was
senator susan collins of maine tells sawyer that when it comes to the current on-going fiscal cliff negotiations, it would be better if the women were running the show. >> i think if we were in charge of the senate and of the administration, that we would have a budget deal by now. >> go, girl power! now that we're coming up at the end of the year, we're getting a chance to take a look at what set records and who should have set the record straight. first of all twitter has revealed...
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Dec 12, 2012
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we'll talk fiscal cliff with jeff blake from arizona. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> welcome back to the "squawk on the street." i'm sharon epperson with the latest report from the energy department on oil supplies. could oil supplies in the past week, they rose by 843,000 barrels, 843,000 barrels, that was an increase where many analysts had been anticipating a decline. but it was not as big a build as what the american petroleum institute reported last evening. the gasoline supply numbers, definitely one that surprised many traders. an increase of 5 million barrels in the past week. gasoline supplies rose by 5 million barrels in the past week. and supplies rose by 3 million barrels in the past week. we are looking at prices coming off of their hi
we'll talk fiscal cliff with jeff blake from arizona. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> welcome back to the "squawk on the street." i'm sharon epperson with the latest report from the...
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Dec 12, 2012
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. >>> house republicans give president obama a counteroffer on a deal to avoid the fiscal cliff. will it be a compromise the president can agree with? >> flames shoot more than 70 feet in the air as a gas explosion destroys homes in one community. what went wrong? that story, coming up. >>> guests include elijah cummings, charlie crist and marsha blackburn. "starting point" begins right now. >> hi, everybody. holiday shoppers scrambling for cover at a crowded mall after a gunman opened fire. 10,000 people inside the clackamas town center mall when a man wearing a mask suddenly started firing. chaos erupted. when it was over, three people dead, including the shooter himself. a young woman left wounded, fighting for her life right now. >> the mall is supposed to be a place we can all take our families, feel comfortable that this is a great place, especially at the holiday season like this. and these things aren't supposed to happen. >> i want to begin with dan simon live in portland. we know that the police have identified the shooter, but is there any indication of a motive at thi
. >>> house republicans give president obama a counteroffer on a deal to avoid the fiscal cliff. will it be a compromise the president can agree with? >> flames shoot more than 70 feet in the air as a gas explosion destroys homes in one community. what went wrong? that story, coming up. >>> guests include elijah cummings, charlie crist and marsha blackburn. "starting point" begins right now. >> hi, everybody. holiday shoppers scrambling for cover at a...